Monday, September 13, 2010

Uranium Participation

Uranium Participation is a decent exchange listed proxy for the price of U308 or UF6.
Trend energy has been tracing out a series of higher lows since 2007. This positive divergence with prices reflects what Wyckoff characterized as accumulation within a context of an operation. Accumulation comes first. This is followed up by the mark up phase.

Uranium Participation Corporation (U on TSE):


Uranium Participation Corporation is an investment holding company which invests substantially all of its assets in uranium, either in the form of uranium oxide in concentrates ("U3O8") or uranium hexafluoride ("UF6"), with the primary investment objective of achieving appreciation in the value of its uranium holdings.

Source: uraniumparticipation.com

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